Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 (Commencement) Notice (S.I. No. 17 of 2025)

Summary

This is a short commencement notice made by the BVI Minister of Financial Services, Economic Development and Digital Transformation. It does not create new obligations itself; it simply fixes the date on which the Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 takes legal effect.

• Effect: Declares that the Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 (No. 1 of 2025) comes into force on 19 February 2025.
• Authority: Made under section 1(2) of the Act, which allows the Minister to appoint the commencement date by Notice in the Gazette.
• Gazetted: Published in the Gazette on 14 February 2025; signed by the Minister on 13 February 2025.

Readers should consult the underlying Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 itself for the substantive changes it makes; this notice only fixes when those changes became operative.

Deadlines

• 19th day of February, 2025: Date on which the Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 comes into force.

Related documents

• This document commences Financial Services (Exceptional Circumstances) (Amendment) Act, 2025 (No. 1 of 2025)